EEOC AND GENERAL DYNAMICS CORPORATION SETTLE AGE DISCRIMINATION
CLASS ACTION SUIT FOR $2.5 MILLION

ST. LOUIS, MO - The U.S. Equal Employment Opportunity Commission
(EEOC) and General Dynamics Corporation today filed a settlement
agreement in federal district court resolving an age discrimination
suit for $2.5 million for 31 former employees.

The lawsuit arises out of a l992 layoff that occured soon after
General Dyamics moved its corporate headquarters from St. Louis to
Falls Church, Virginia. In May l991, about 110 employees were
relocated to Falls Church, but shortly thereafter the company cut
its headquarters staff and laid off a number of the relocated
employees.

In connection with the layoff, General Dynamics instituted a
Corporate Headquarters Retention and Outplacement Program that
provided various benefits, including up to five additional years of
credited service under the company's pension plan. Laid-off
employees under the age of 50 received the full five years of
credited service. Employees between the ages of 50 and 55 received
less credited service and employees over the age of 55 received no
additional credited service under the program.

Two former employees, Norman Goldman and Richard Smith, filed
age discrimination charges with the St. Louis District Office of
the EEOC. Subsequently, they filed a private lawsuit against
General Dynamics Corporation. That suit is also being settled.

The EEOC's complaint, filed in the U.S. District Court in St.
Louis, alleges that General Dynamics' failure to give employees
over the age of 50 a full five years of additional credited service
constitutes age discrimination. The EEOC and General Dynamics have
agreed to settle the government's suit for payments to be made to
31 former employees totalling $2,532,294.59. The settlement
agreement also provides that the company will revise its Corporate
Headquarters Retention and Outplacement Program to give all
eligible employees a full five years of credited service under the
pension plan, regardless of age.

The EEOC enforces Title VII of the Civil Rights Act of 1964, as
amended, which prohibits employment discrimination based on race,
color, religion, sex, or national origin; the Age Discrimination in
Employment Act; the Equal Pay Act; prohibitions against
discrimination affecting individuals with disabilities in the
federal sector; sections of the Civil Rights Act of 1991, and Title
I of the Americans with Disabilities Act, which prohibits
discrimination against people with disabilities in the private
sector and state and local governments.